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News Link • Energy

New data show ‘meteoric’ rise of Texas oil


The state pumped 2.7 million barrels of crude per day during September, the highest average since monthly record-keeping began in January 1981. That marked a 30 percent jump over September 2012, according to data from the U.S. Energy Information Administration.
Texas’ oil production peaked in 1972, when it produced an average of 3.4 million barrels per day, according to annual data from the Texas Railroad Commission.
After decades of decline, Texas oil production abruptly turned in 2008 with the beginning of the shale oil and gas boom. 

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